Browsing: International trade

Economy

BAFT—ABA’s global transaction banking subsidiary—and the Wolfsberg Group and the International Chamber of Commerce today released appendices to their 2017 set of trade finance principles, which address the due diligence required by global and regional financial institutions of all sizes in the financing of international trade.

Economy

The U.S. international trade deficit widened in October, rising 1.7 percent to $55.5 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose by 0.2 percent, while exports declined by 0.1 percent. September’s trade deficit was revised from $54.0 billion to $54.6 billion. The goods deficit increased 1.0 percent

Economy

The U.S. international trade deficit widened in September, rising 1.3 percent to $54.0 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Both imports and exports rose by 1.5 percent. August’s trade deficit was downwardly revised from $53.2 billion to $53.3 billion. The goods deficit increased 0.8 percent to $77.2

Ag Banking

In an uncertain trade policy environment, agricultural lenders and producers prepare for difficult times on the farm.

Economy

The U.S. international trade deficit widened in August, rising 6.4 percent to $53.2 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose 0.6 percent, while exports fell 0.8 percent. July’s trade deficit was downwardly revised from $50.1 billion to $50.0 billion. The goods deficit increased 4.8 percent to

Economy

The U.S. international trade deficit widened in July, rising 9.5 percent to $50.1 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose 0.9 percent, while exports fell 1.0 percent. June’s trade deficit was downwardly revised from $46.3 billion to $45.7 billion. The goods deficit increased 6.1 percent to

Economy

As the Trump administration considers strategies for modernizing U.S. trade policy, BAFT — ABA’s global transaction banking subsidiary — wrote to policymakers outlining several priorities to promote free and fair trade and increase economic growth and job creation.

Economy

The Engage China coalition of 12 financial trade associations, including ABA and BAFT — ABA’s global transaction banking subsidiary — today called on the Trump administration to continue working to create a level playing field and increase market access for financial services firms seeking to do business in China.

Newsbytes

BAFT, ABA’s global transaction banking subsidiary, today announced the election of new officers for the 2017-2018 association year.